Fonterra is raising its forecast milk price range to $8.40 to $9 per kilo of milk solids.

That's the highest in the co-op's history.

It's expected to contribute more than 13.2 billion dollars to the economy.

>> More Rural News

Other Rural News

10 Oct: A warning to dairy farmers - to prepare for greater climate swings

08 Oct: Dairy prices have fallen 1.6 percent at this morning's Global Dairy Trade auction

29 Sep: Synlait's confirmed the sale of its loss-making factory at Pokeno to US company, Abbott

26 Sep: Fonterra doesn't see an end in sight, to the growing demand for dairy

26 Sep: Most dairy farmers are now breaking even again, for now

25 Sep: Fonterra's CEO says cheaper butter prices could be on the horizon

25 Sep: Our largest company has been seeing profits surge, despite a period of contraction in the economy as a whole

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Today's News

Living & Travel:
Papua New Guinea canonises country's first Catholic saint 23:06

Accident and Emergency:
A man has died as a result of a fire in Tasman earlier today 21:56

Accident and Emergency:
A man has died after a house fire just before 11 this morning, in Riwaka in the Tasman District 21:16

Basketball:
A sixth loss of the season for the Breakers in basketball's NBL 18:56

Basketball:
The Breakers are on track for another defeat in basketball's NBL 18:36

Politics:
North Adelaide golf course safeguards fall short, some Kaurna community members say 18:06

Rugby League:
A thrilling opening match of today's international league double-header in Auckland.. 18:06

Rugby League:
The Kiwi Ferns are storming back into their opening match of league's Pacific Championships against Samoa in Auckland 17:26

Business:
The secondary school teachers union says most of its members earn over $100,000 a year 17:26

Basketball:
The Breakers are bidding for back-to-back wins for the first time this season as they face Melbourne United in Melbourne this afternoon 17:26

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